davedesigns

XRP Bull Run Now Needs to Cool Off

Long
davedesigns Updated   
POLONIEX:XRPBTC   XRP / Bitcoin
11
Stochastics has crossed down from overbought and MACD is about to follow.

We have reached the top for now so I'm selling a bit of my position and taking some profit.

Waiting for a bullish setup to buy back in.
Trade active:
Sold some at 10600, bought some back at 10500 and 10400. Looks like we may drop a little more before bull trend resumes - maybe to 10200 range.

Watch for a definitive stochastics cross up and MACD cross to follow!

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